Of particular interest this week:

Emerging miners:  finding funding for projects, despite tough markets:  ATE, ARD, POS, ABX.

Gold:  Reserve Bank of India – hoping to reduce physical gold demand in-country.

Gold:  physical holdings and FX as Foreign Reserves

Iron ore: ex RIO exec forecasts reduced prices.  Compare with Australian cash costs.


Copper  Chile providing funding to upgrade Codelco Cu mines.

Nickel  Poseidon Ni (POS) has its three projects ready, but on care & maintenance.

Zinc & Lead Atherton (ARE)’s good drill results at Chillagoe.  Argent (ARD) drilling deeper at Kempfield.

Tin  Only three Indonesian tin miners are clean and clear to export from 1 Nov.

Aluminium  ABX secures a funding with EFIC.

Gold  Reserve Bank of India’s guidelines for governing gold monetisation.

Platinum & Palladium  Pt vs Pd.  Diesel vs petrol (gasoline).  Volkswagen vs Toyota.

Oil  OPEC oil output reduced (a little).

Coal  Major coking coal exporters still expanding.  Indian and Taiwanese demand for thermal improved.

Iron Ore  Expect prices to reduce further.  Compare cash costs of exporters.

Shipping  Bulk rates educed on low activity levels.  Queues continued to reduce.


Gold:  held by central banks, as Reserves & as percent of total Reserves.

USA:  Durable Goods, Vehicles, Electronics Orders.  Durables down, Vehicles & Electronics up.

Japan:  Orders to Machinery.